ECB teams up with Reply for SupTech coding marathon

The European Central Bank (ECB) is teaming up with the Reply digital network to run a coding marathon focussed on the application of machine learning and artificial intelligence (AI) in supervisory functions.

The ‘supervisory data hackathon’, a 48-hour event later this month, will bring together more than 80 specialists from the ECB Reply’s network of companies to develop projects focussed on data quality, interlinkages in supervisory reporting and risk indicators.

The event has been established to help the ECB, Reply and further companies explore opportunities to gain deeper insights into the large amount of supervisory data gathered by the ECB from financial institutions through regular financial reporting for risk analysis.

Reply co-ordinates digital innovation projects across big data, cloud computing, digital communication, internet of things (IoT), mobile and social working.

Ahead of the event held in Frankfurt from 27-29 February, participants will submit proposals for projects with the most promising submissions worked on during the course of the marathon.

    Share Story:

Recent Stories

Meet Evelyn, your Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst
Meet Evelyn, an Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst, who uses native AI/ML capabilities to automate the Customer/PEP screening and Negative News screening alert adjudication processes for leading BFS organizations with greater speed, accuracy, and consistency than human analysts.

New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.